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Turkey

Infrastructure

Analysis

World Bank set to finance criticised mega gas pipeline from Azerbaijan to Europe

The World Bank has announced its intention to fund the Azerbaijan and Turkey part of the Southern Gas Corridor to Europe, despite concerns over the geopolitical context and fossil fuel dependency.

29 June 2016 | Guest analysis

Environment

Analysis

Clean Technology Fund (CTF)

An impending shortfall in available resources for the Clean Technology Fund continues to concern, leading to cancellation of projects. Questions were raised about development impacts and reliance on geothermal energy in India and Indonesia's revised investment plans, and on debt sustainability in a Caribbean project.

4 November 2015

Environment

Analysis

Clean Technology Fund (CTF)

Concerns have been raised about a projected shortfall of resources for the Clean Technology Fund, with an early warning mechanism due to be discussed. Questions were raised about development benefits of a Colombia project and on safeguards for a Vietnam project.

6 May 2015

Private Sector

Analysis

Croissants and TV guides: World Bank's new poverty reduction strategy?

IFC investments in a TV guide, hotels and online shopping highlight projects with weak development outcomes

3 December 2013

Environment

Analysis

Clean Technology Fund (CTF)

Chapter of CIFs Monitor 8 on the Clean Technology Fund (CTF)

23 October 2013

Infrastructure

Analysis

World Bank energy directions: going for gas

The World Bank launched a new energy directions paper in July but continues to focus funding on fossil fuels such as natural gas

3 October 2013

Finance

Commentary

Turkey and the long decade with the IMF

In May Turkey ended its latest stand-by agreement with the IMF. To some this meant the long awaited declaration of autonomy for Turkey and the loss of the final "consumer" for the IMF. For others who adhere to the neoliberal orthodoxy, this meant the graduation of Turkey and the successful completion of the IMF programme. The reality is that neither is correct.

17 June 2008 | Comment

Environment

News

Pipeline approval sparks renewed criticism of Bank role

An outcry from NGOs has followed the World Bank Group decision to invest in a Central Asian oilfield and pipeline development.

8 November 2003
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Other news

Accountability

Background

The Syrian migration crisis

Notes from a meeting at the IMF/World Bank CSO Forum at the 2016 Spring meetings discussion the socio-economic impacts of the Syrian crisis, the outgoing flow of migration and the World Bank’s model on how to tackle these issues following its new report.

16 April 2016 | Minutes

IFI governance

Background

After SCOTUS: Next steps in sovereign debt restructuring

Notes of a meeting on sovereign debt restructuring after SCOTUS at the World Bank-IMF annual meetings 2014

9 October 2014

IFI governance

Background

Emerging markets in transition: growth prospects and challenges

Notes of a meeting on emerging markets in transition at the World Bank-IMF annual meetings 2014

8 October 2014

Finance

News

Turkey pays off IMF debt

Turkey discharged its debt to the IMF in May, by paying a final installment of $421 million after decades of loans and stand-by arrangements.

26 June 2013

Finance

News

Turkey to repay IMF debts by April

The Turkish prime minister, Recep Tayyip Erdogan, declared in September that "we will cut it [our $1.3 billion IMF debt] to zero by next April", according to Anatolia News Agency.

6 December 2012

Social services

News

IMF-sponsored pension reform prompts Turkish strikes

In early March Turkish unions conducted a two hour "warning strike" to protest against IMF-supported plans for pension plan and health insurance reform.

1 April 2008

Conditionality

News

Turkish bankers, unions question need for IMF

The governor of the Turkish central bank, Durmuş Yılmaz, cast doubt on whether Turkey would renew its arrangement with the IMF.

5 October 2007

Environment

News

Baku Ceyhan human rights activist arrested

Activist Ferhat Kaya was arrested by the Turkish authorities in early May following his work…

28 May 2004
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